Citizens Bank of Louisiana v. Heirs of Gay

The opinion of the court was delivered by

Breaux, J.

The plaintiff seized a plantation of the defendants under executory process, in order to satisfy contributions of two dollars per share on certain shares of stock of the bank with eight per cent, interest, secured by mortgage.

The sale of the property involved was stayed by an injunction.

The District Court rendered judgment in favor of the plaintiff bank.

A suspensive appeal from the judgment was allowed the defendants.

CONTRADICTORY HEARING WITH PARTIES IN INTEREST.

The defendants allege that the Oitizens Bank is not the real party in interest;…